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Signing of Subscription Agreement for Promotion of Industrial Development in Africa by Private Equity Fund (Private Sector Investment Finance) : Boosting industrial development across Africa through investment in growing African companies
On November 12, the Japan International Cooperation Agency (JICA) signed an agreement with Helios Investment Partners (Helios), a leading private equity fund manager in Africa, with regards to JICA’s admission as a limited partner of their Helios Investors V, L.P.
JICA is co-investing with development finance institutions such as International Finance Corporation (IFC), European Investment Bank (EIB), as well as private financial and strategic investors.
Mr. Lawani, Managing Partner (left) and Mr. Hataeda, formerly Senior Vice President (right) at the TICAD9 side event where JICA announced its pre-commitment.
JICA Senior Vice President Hara making a keynote speech at the Helios Japan Conference held in Tokyo.
1. Investee
Helios Investors V, L.P. (Helios Fund V)
2. Country (Target Areas)
Pan-African region
3. Committed Amount
50 million USD
4. Project Title
Project for Promotion of Industrial Development in Africa by Private Equity Fund
5. Project Purpose
The objective of the Project is to contribute to industrial development in the Pan-African region by/through investing in a leading private equity fund specializing in Africa, thereby promoting the competitiveness of companies and improving access to finance in the region.
6. Project Component
Proceeds will be used for the capital invested in growing African companies.
7. Contribution to SDGs
Goal 5 (Gender equality)
Goal 8 (Decent work and economic growth)
Goal 9 (Industry, innovation and infrastructure)
Goal 10 (Reduced inequalities)
Goal 13 (Climate action)
Goal 17 (Partnerships for the goals)
8. Reference
This project is one of the flagship deals of the Impact Investing for Development of Emerging Africa (IDEA) Initiative announced by JICA at a side event during the 9th Tokyo International Conference on African Development (TICAD9) on August 22, 2025.
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